oil

Saudi news

The Saudi Finance Minister criticizes the exceptional taxes that governments impose on oil companies

During his participation in the mining conference held in Riyadh, Saudi Finance Minister Mohammed Al-Jadaan criticized the exceptional taxes imposed…

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Economy

Oil rises 1% as petroleum demand set to touch record next year

Follow-ups -eshrag News: Saudi construction sector continues growth with $6.7bn worth contracts in Q3 2022: Report RIYADH: The construction sector…

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Economy

Oil Updates — Crude slips; Oil tanker groups Frontline and Euronav scrap $4.2bn merger

Follow-ups -eshrag News: Tue, 2023-01-10 09:58 RIYADH: Oil edged lower on Tuesday on expectations that further interest rate hikes in the…

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Economy

Closing Bell: Saudi stock exchange recovers 110 points as oil prices fuel rally

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s Tadawul All Share Index marked a pronounced recovery as it rose 110.27 points —…

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Economy

Oil Updates — Crude edges up as China opens borders 

Follow-ups -eshrag News: Mon, 2023-01-09 08:28 RIYADH: Oil prices edged up on Monday, a day after travelers streamed into China following a…

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Economy

China issues second set of 2023 oil import quotas, up from 2022: Reuters 

Follow-ups -eshrag News: CEO of Türkiye’s top bank says capital boost to help it drive economy in 2023  ISTANBUL: An…

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Saudi news

Aramco oil pipeline investors raise $1.7 billion from a bank loan

The consortium that won the Aramco oil pipeline deal obtained a loan of about $1.7 billion to finance the new…

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Economy

Oil Updates — Crude flat; US drillers cut most rigs in a week since 2021 

Follow-ups -eshrag News: CAIRO: Saudi entrepreneurs have shown prominence and courage in bolstering economic growth through innovation and entrepreneurship.  The Middle…

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Economy

Oil prices rise $1 on China’s reopening optimism

Follow-ups -eshrag News: RIYADH: China’s liquefied natural gas demand is forecast to recover in 2023 as the country emerges from COVID-19…

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Saudi news

Saudi Arabia maintains its oil exports at 7.21 million barrels per day in December

Bloomberg Agency quoted a Saudi official as saying that the Kingdom maintained its oil exports at 7.21 million barrels per…

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